In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask for a new assessment, she added.
At a briefing, Minister Petkova presented the results of an analysis of the public revenues and expenditures for the 2022-2044 period, which indicates that expenditures outpace revenues.
Lyudmila Petkova also announced that at the Consultative Council on National Security, convened by the president, the question was raised of defence spending reaching 2.5% of the Gross Domestic Product of the country. However, she declined to comment on the working parameters of the budget for next year so as to prevent any speculation regarding the budget.
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GERB leader Boyko Borissov denied that there was pressure from the leader of DPS-New Beginning, sanctioned under the global Magnitsky Act, Delyan Peevski, to be in power. He expressed confidence in the future of the cabinet due to..
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The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
On Thursday at 11.01 a.m., astronomical spring will arrive. The minimum temperatures will be minus 5 °C and 0°C. In Sofia, it will be around minus..
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